Chief financial officer (CFO) at Entain, Rob Wood, is to step down from the role after 13 years with the group.

He will also step down from the role of group deputy chief executive officer (CEO) next year.

In his time at the global sports betting and gaming group, Wood has played a role in shaping the business into a globally scaled operator, with Entain stating that he leaves the firm “well positioned to capitalise on its many opportunities ahead”.

The firm has appointed Michael Snape to succeed Wood, effective from 6 March 2026. He will join the group as CFO designate in February.

Snape has over two decades of senior finance and leadership experience and will join from logistics company, International Distribution Services, where he is currently group CFO.

Prior to this, he spent five years at Walgreens Boots Alliance as CFO of Boots, No 7 Beauty and International. Snape also worked as international CFO at Tesco, alongside other roles at Waitrose and Sainsburys.

Group CEO at Entain, Stella David, said: "On behalf of the board and everyone at Entain, I would like to express my sincere thanks to Rob for the tremendous contribution he has made to the group. His expertise and dedication have helped us to successfully transform into the global business we are today. We wish him all the very best for the next chapter of his career.

"I am delighted to be welcoming Michael to Entain. His seasoned leadership, financial and operational expertise, and international experience will be invaluable as we continue to execute our strategic priorities. I look forward to working closely with Michael to deliver Entain's exciting potential in the years ahead."

Snape added: "I am thrilled to be joining Entain at such an exciting time in its growth and transformation story. I look forward to working with Stella, the board and the leadership team to deliver value for all Entain's stakeholders."

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